Chevrolet Equinox EV sales highlight GMs growing EV prowess. Wayne Gerdes – CleanMPG – Jan. 3, 2025 2025 Chevrolet Equinox EV Good looks, nice price, and excellent utility from an EV. The 319/285 (FWD/AWD) miles of range, 213/288 hp (FWD/AWD), 85 kWh NCMA Li-Ion pack equipped, 2024 Chevrolet Equinox EV price and specs reveals why it is quickly becoming the consumer hit that it is. Charging is handled with the standard onboard 11.5 kW Level 2 (AC) charging solution and DCFC at up to 150 kW. Unfortunately, that 150 kW allows a 150-kW peak rate but after 30%, the BSM hammer is dropped, and rates fall to a range between 110 and 135 kW through 60% where the charging cliff pushed rates down into the mid 50 to 80 KW rate through approximately 85% SOC. All in, 5 to 80% is going to take 40 to 42-minutes. While not competitive with the world class 2025 Porsche Taycan (5 to 80% in 16-minutes with an initial peak of 320 kw and holds above 300 kW out to 60%) or segment leading Hyundai Ioniq 5 (5 to 80% in 18-minutes with an initial peak of 230 kw and holds above 225 kW out to 47%), the Equinox EV charges very similar to two of its main competitors, the 320-mile range Mustang Mach-E charging from 5 to 80% in 45 minutes and 337-mile range Tesla Model Y doing the same in 36-minutes. Like most compact CUVs, the Equinox provides a decent 6.4” of ground clearance. And where it really shines is its EPA passenger volume of 102 cu. ft. and cargo volume of 57.2/26.4 cu. ft. behind the front/rear seats. The driver and central displays are just as attractive as the exterior. By comparison, the Model Y has a listed 106 cu. ft. of passenger volume and 72.1/30.2 cu. ft. of cargo volume behind the front seats/back seats. Tesla’s volume figures are exaggerated so maybe 101 and 65/25 cu. ft. of passenger and cargo volume is more likely. Model Y provides an estimated 101 cu. ft. of passenger volume and 65/25 cu. ft. of cargo volume behind the front/rear seats Mach-E provides 101.1 cu. ft. of passenger volume and 59.7/29.7 cu. ft. of cargo volume behind the front/rear seats Ioniq 5 provides 106.5 cu. ft. of passenger volume and 59.3/27.2 cu. ft. of cargo volume behind the front/rear seats EV6 provides 103 cu. ft. of passenger volume and 50.2/24.4 cu. ft. of cargo volume behind the front/rear seats Where the 2024 Chevrolet Equinox EV really stands out vs competitors is its price. All Equinox EV prices listed below include D&H. 2LT/3LT - $43,295/$45,295 2RS/3RS - $44,795/$46,795 By comparison, the Ioniq 5, EV6, and Model Y are more expensive on a trim-to-trim basis. Mach-E is the 2024 models with $s on the hood. 2024 Ford Mustang Mach-E (all prices include $1,995 D&H and $8,000 rebate) Premium (RWD/AWD) - $40,995/$43,995 GT AWD - $48,995 2025 Hyundai Ioniq 5 (all prices include $1,475 D&H) SE - $48,125 SEL - $51,075 Limited - $55,775 2025 Kia EV6 (all prices include $1,395 D&H) Light RWD/AWD - $47,345/$51,245 Wind FWD/AWD - $50,095/$53,995 GT RWD/AWD - $54,295/$58,995 2025 Tesla Model Y (all prices include $1,390 D&H and $250 order fee(s)) LR RWD/AWD - $46,630/$49,630 Performance AWD - $53,130 Only the 2024 Mustang Mach-E can match or beat the Equinox EV on price – both are year-old models, and the Mach-E has $8k on the hood. 2024 GM US Sales Overview GM reported 2024 US sales of 2,705,080, up 4.3% above the 2,594,698 sold in 2023. 2024 GM US Sales Highlights Equinox EV sales of 28,874 vs its late 2023 launch when just 461 were sold Lyriq EV sales of 28,402 was up 210.3% over the 9,154 sold in 2023 Trax sales of 200,689 was up 83.5% over the 109,382 sold in 2023 Colorado sales of 98,012 was up 37.9% over the 71,081 sold in 2023 Canyon sales of 38,215 was up 70.2% over the 22,458 sold in 2023 2024 Chevrolet Silverado EV GM retains its #1 ranking in terms of US sales. All the while the Chevrolet Silverado EV is easily the best EV Pickup available today. Top 15 2024 US OEM Sales GM - 2,705,080 vehicles sold in 2024, up 4.3% over the 2,594,698 sold during all of 2023 Toyota - 2,332,623 vehicles sold in 2024, up 3.7% over the 2,248,477 sold during all of 2023 Ford - 2,078,832 vehicles sold in 2024, up 4.2% over the 1,995,912 sold during all of 2023 Honda - 1,423,857 vehicles sold in 2024, up 8.8% over the 1,308,186 sold during all of 2023 Stellantis - 1,303,570 vehicles sold in 2024, down 14.6% below the 1,527,090 sold during all of 2023 Nissan - 924,008 vehicles sold in 2024, up 2.8% over the 898,796 sold during all of 2023 Hyundai - 836,802 vehicles sold in 2024, up 4.4% over the 801,195 sold during all of 2023 Kia - 796,488 vehicles sold in 2024, up 1.8% over the 782,451 sold during all of 2023 Subaru - 667,725 vehicles sold in 2024, up 5.6% over the 632,086 sold during all of 2023 Tesla - 633,762 vehicles sold in 2024, down 5.6% below the 671,616 sold during all of 2023 Mazda - 424,382 vehicles sold in 2024, up 16.8% over the 363,354 sold during all of 2023 VW - 379,178 vehicles sold in 2024, up 15.2% over the 329,029 sold during all of 2023 Mercedes - 374,101 vehicles sold in 2024, up 0.3% over the 373,103 sold during all of 2023 BMW - 371,346 vehicles sold in 2024, up 2.5% over the 362,244 sold during all of 2023 Audi - 196,576 vehicles sold in 2024, down 14.0% below the 228,550 sold during all of 2023 On the 2024 US OEM sales front, the big news was Stellantis falling from #3 to #4, now settling in behind Honda for the first time ever due to its terrible 2024 showing here in the US. Tesla has fallen to #10 just behind Subaru while Mazda leapt two places to #11 placing both VW and Mercedes in its rear view. VW also jumped up two spots to #12, now ahead of both Mercedes and BMW. 2025 Toyota RAV4 PHEV A name change from "Prime" with the next gen set for a 2026 MY release. Top 10 2024 US Model Sales Ford F-Series incl. LD and HD - 765,649 vehicles sold during 2024, up 2.0% over the 750,789 sold in all of 2023 Chevrolet Silverado incl. LD and HD - 552,836 vehicles sold during 2024, down 0.4% below the 555,148 sold in all of 2023 Toyota RAV4 - 475,193 vehicles sold during 2024, up 9.3% over the 434,943 sold in all of 2023 Honda CR-V - 402,791 vehicles sold during 2024, up 11.4% over the 361,457 sold in all of 2023 RAM P/U incl. LD and HD - 373,120 vehicles sold during 2024, down 16.1% below the 444,926 sold in all of 2023 Tesla Model Y - 372,613 vehicles sold during 2024, down 6.6% below the 398,782 sold in all of 2023 GMC Sierra incl. LD and HD - 322,946 vehicles sold during 2024, up 9.2% over the 295,737 sold in all of 2023 Toyota Camry - 309,876 vehicles sold during 2024, up 6.6% over the 290,649 sold in all of 2023 Nissan Rogue - 245,724 vehicles sold during 2024, down 8.7% below the 271,458 sold in 2023 Honda Civic - 242,005 vehicles sold during 2024, up 20.6% over the 200,381 sold in all of 2023 Comparing individual models, Pickups still dominate with Ford and its F-Series dominating all comers. 2024 US F-150 sales of 460,915 fell behind the RAV4 at 475,193 by 14,278 vehicles. RAM has fallen precipitously from its decades long, former #3 spot to #5 with Toyota’s RAV4 and Honda’s CRV now outpacing it. Tesla’s Model Y fell two places from #4 to #6 as the RAV4 and CRV passed it in 2024. As expected, Honda’s award winning compact Civic moved into the #10 spot with the value-oriented Corolla falling short of this year’s list by just over 9,000 vehicle sales. 2025 Ford Mustang Mach-E Ford's EVs had a good 2024 in terms of sales although the pair are still losing $s per vehicle sold. And onto the EV sales finish... Top 10 2024 US EV Model Sales Tesla Model Y - 372,613 vehicles sold during 2024, down 6.6% below the 398,782 sold in all of 2023 Tesla Model 3 - 189,903 vehicles sold during 2024, down 17.4% below the 230,015 sold in all of 2023 Ford Mustang Mach-E - 51,745 vehicles sold during 2024, up 26.9% over the 40,771 sold in all of 2023 Hyundai Ioniq5 - 44,400 vehicles sold during 2024, up 30.9% over the 33,918 sold in all of 2023 Tesla Cybertruck - 38,965 vehicles sold during 2024 vs 0 sold in 2023 Ford F-150 Lightning - 33,510 vehicles sold during 2024, up 38.7% over the 24,165 sold in all of 2023 Honda Prologue - 33,017 vehicles sold during 2024 vs 0 sold in 2023 Chevrolet Equinox - 28,874 vehicles sold during 2024, up 6163% over the 461 sold in all of 2023 Cadillac Lyriq - 28,402 vehicles sold during 2024, up 210.3% above the 9,154 sold in 2023 Rivian R1S - 26,934 vehicles sold during 2024, up 23.4% over the 21,831 sold in all of 2023 2025 Tesla Model Y A new year and finally a refreshed design may help slow the sales slide? Through all of 2024, Stellantis took the largest hit with not just the sales decline but in lockstep, the market share falloff of 1.6% shows how poorly it performed last year. Mazda's 0.4% and GMs 0.3% increase were well deserved. With 20 years’ worth of US Automotive sales data to rely upon, 2024's US Automotive Sales of 15.92 million units increased by 2.5% over the 15.53 million sold in 2023. That total was the highest achieved since Covid decimated the global economy back in 2020. The 2024 US sales totals were unfortunately nowhere near the 17 million plus unit peaks in 2005 and 2015 - 2019. Estimates to reach 16.5 million in 2024 are to me a bit optimistic as Government downsizing – Government employment disappearing, is going to be a noticeable drag on consumer spending and the second largest purchase decision most make is not going to be immune. Wayne
